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Backup Offers

14201 Friar St, Van Nuys, CA, 91401

$1,291,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Baths
2,101 SqFt
$614/SqFt
House
Schools Nearby

Location

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14201 Friar St, Los Angeles$1,291,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
Garage1 space
Year Built1940
HeatingWall Furnace
ViewNone
MLS #24378377
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 14201 Friar St

Introducing an unparalleled investment opportunity: a strategically positioned triplex in a high-demand area, zoned LARD 1.5, ripe for immediate income and extensive future development. This property represents a rare find for investors looking to capitalize on both current rental income and expansive growth potential.Property Features:Diverse Unit Composition: The heart of this investment is the middle unit, a beautifully remodeled one-bedroom, one-bathroom sanctuary, complete with an in-unit washer and dryer for utmost convenience. This unit's modern finishes and thoughtful upgrades set the standard for comfort and style within the property.Ample Parking: A standout feature is the extensive parking availability, a coveted amenity in urban living, ensuring ease and accessibility for tenants and visitors alike.Expansion Potential: With LARD 1.5 zoning, this property doesn't just offer a solid income stream; it presents vast opportunities for development. The unique potential to expand up to 8 units, especially by adding a second story to the existing two-bedroom unit, catapults this investment into a realm of significant growth prospects.Situated in a neighborhood renowned for its strong rental market, this triplex not only generates stable income but also stands as a beacon for development possibilities. The existing structure serves as a foundation for a visionary investor to reshape, expand, and maximize the site's full potential, aligning with the area's growing demand for residential units.Whether you're drawn to the immediate income possibilities or the enticing prospect of developing additional units, this triplex offers a compelling blend of profitability and potential. It's an investment poised for growth, ready to meet the needs of the market today and tomorrow.Don't miss this rare opportunity to own a piece of strategic real estate with both current appeal and future promise. Schedule a showing to explore the possibilities firsthand and envision the future you can build with this exceptional investment property. Seller is motivated so bring your best offer before its too late.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Stories: 0
  • Living Area: 2,101 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Mihal Schapiro

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Oven, Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Van Nuys Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Van Nuys Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Van Nuys Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Friar St one block south of Victory Blvd, and between Van Nuys Blvd and Hazeltine Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,291,000
  • Price Per SqFt: $614/SqFt

Tax Information:

  • Annual Amount: $4,054
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

14201 Friar St vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$1,291,000

+$315K More

$614/SqFt

-$14 Less

KEY TAKEAWAY

This property is $315K more than the Median Sold Price and $14/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24378377

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Mihal Schapiro

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 12:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 09, 2021Home Sold
$950,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,054$313,818
2020$3,938$310,602
2019$3,848$304,513
2018$3,766$298,543
2017$3,766$292,690

History based on county public records data.

Payment Calculator

$6,511

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,937

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3692388
4
/10

  • Van Nuys Elementary School

  • 6464 Sylmar Ave

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-3692389
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.95 miles

  • Public Magnet Grades KG-6

school-card-donut-3692390
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 11.70 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3692391
4
/10

  • Van Nuys Middle School

  • 5435 Vesper Ave

  • 1.30 miles

  • Public Magnet Grades 6-8

school-card-donut-3692392
4
/10

  • Studio

  • 2211 W Avenue 30

  • 13.04 miles

  • Public District Grades 6-8

High School

school-card-donut-3692393
6
/10

  • Van Nuys Senior High School

  • 6535 Cedros Ave

  • 0.77 miles

  • Public Magnet Grades 9-12

school-card-donut-3692394
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 3.42 miles

  • Public Magnet Grades 9-12

school-card-donut-3692395
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 16.70 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,047. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 14201 Friar St

What is the listing price of this property?

The listing price of 14201 Friar St property is $1,291,000.

What type of property is this?

The property 14201 Friar St is a house located in Van Nuys, California, 91401.

Is this property for sale now?

Accepting Backup Offers: 14201 Friar St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 14201 Friar St are:
Van Nuys Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Van Nuys Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Van Nuys Senior High School: GreatSchools Rating 6/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,054 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 9, 2021 for $950,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 14201 Friar St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 14201 Friar St is 2,101 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 14201 Friar St is 1940.

Rocket Homes›California›Los Angeles County›Los Angeles›91401›14201 Friar St

This home is located at 14201 Friar St in Van Nuys, CA and zip code 91401 in the The San Fernando Valley neighborhood. This 2,101 square foot home, which was built in 1940, sits on a 0.17 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,291,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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